The increase in VAT from 15% to 15.5% was first announced earlier in 2025 as part of government measures to address fiscal ...

Following a court settlement, South Africa's Parliament has suspended the planned VAT increase, allowing Finance Minister Enoch Godongwana to introduce a new budget aimed at ensuring fiscal stability.

Edward Kieswetter, has welcomed the agreement between the parties and the court order to suspend the 0.5 percentage point ...

Malema also called for the resignation of Enoch Godongwana and National Treasury Director-General Duncan Pieterse.

NUM will be commemorating the Vaal Reefs Disaster on the 10 th May 2025 in Matlosana (Klerksdorp) in which 104 mineworkers died on 10 th May 1995. We will be conducting this event as part of reminding ...

The South African government on Thursday canceled a proposed tax increase that had threatened to collapse the unity ...

Julius Malema said the budget deadlock could have been resolved much earlier if Godongwana had taken the objections seriously ...

South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...

The Western Cape High Court ruled that the fiscal framework that Parliament adopted must be set aside, formally suspending a ...

The South African rand strengthened in early trade on Thursday after the finance ministry said it was withdrawing a ...

South African Finance Minister Enoch Godongwana sees no alternative to a tax increase at the heart of a budget impasse that ...